Archive for September, 2011

September 30, 2011

Bill O’Reilly joins Jon Stewart on the Daily Show to discuss his book KILLING LINCOLN

Jon is no economist. He leaves out vital and inconvenient information regarding the consequences of taxing the rich. The bottom line is; is the government in business to compete with the private sector? Isn’t it the private sector that creates jobs? When tax rates are lowered for businesses, doesn’t that mean more jobs will be created and a net increase in tax revenue will follow?These are fundamental answers that are to inconvenient to support the Leftist Class warfare montra of tax the rich and feed the poor.

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September 29, 2011

Did you know this about Herman Cain?

Herman Cain is running for president. He’s not a career politician (in fact he has never held political office). He’s known as a pizza guy, but there’s a lot more to him. He’s also a computer guy, a banker guy, and a rocket scientist guy.

Bio on Herman Cain;

  • Bachelor’s degree in Mathematics.
  • Master’s degree in Computer Science.
  • Mathematician for the Navy, where he worked on missile ballistics (making him a rocket scientist).
  • Computer systems analyst for Coca-Cola.
  • VP of Corporate Data Systems and Services for Pillsbury (this is the top of the ladder in the computer world, being in charge of information systems for a major corporation).

All achieved before reaching the age of 35. Since he reached the top of the information systems world, he changed careers!

  • Business Manager. Took charge of Pillsbury’s 400 Burger King restaurants in the Philadelphia area, which were the company’s poorest performers in the country. Spent the first nine months learning the business from the ground up, cooking hamburger and yes, cleaning toilets. After three years he had turned them into the company’s best performers.
  • Godfather’s Pizza CEO. Was asked by Pillsbury to take charge of their Godfather’s Pizza chain (which was on the verge of bankruptcy). He made it profitable in 14 months.
  • In 1988 he led a buyout of the Godfather’s Pizza chain from Pillsbury. He was now the owner of a restaurant chain. Again he reached the top of the ladder of another industry.
  • He was also chairman of the National Restaurant Association during this time. This is a group that interacts with government on behalf of the restaurant industry, and it gave him political experience from the non-politician side.

Having reached the top of a second industry, he changed careers again!

  • Adviser to the Federal Reserve System. Herman Cain went to work for the Federal Reserve Banking System advising them on how monetary policy changes would affect American businesses.
  • Chairman of the Kansas City Federal Reserve Bank. He worked his way up to the chairmanship of a regional Federal Reserve bank. This is only one step below the chairmanship of the entire Federal Reserve System (the top banking position in the country). This position allowed him to see how monetary policy is made from the inside, and understand the political forces that impact the monetary system.
  • After reaching the top of the banking industry, he changed careers for a fourth time!
  • Writer and public speaker. He then started to write and speak on leadership. His books include Speak as a Leader, CEO of Self, Leadership is Common Sense, and They Think You’re Stupid.
  • Radio Host. Around 2007—after a remarkable 40 year career—he started hosting a radio show on WSB in Atlanta (the largest talk radio station in the country).

He did all this starting from rock bottom (his father was a chauffeur and his mother was a maid). When you add up his accomplishments in his life—including reaching the top of three unrelated industries: information systems, business management, and banking—Herman Cain may have the most impressive resume of anyone that has run for the presidency in the last half century.

September 28, 2011

Bill O’Reilly on the View – Killing Lincoln

Bill O’Reilly discusses his book Killing Lincoln with the girls on the view. It was a reasonable discussion. A few attempts were made by the girls to engage Bill in antagonistic political discourse.

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September 26, 2011

Android Saw Twice As Many Buyers As iPhone Over The Past 3 Months | TechCrunch

Head down into the bunkers and lock the door, friends — there be flamewars a comin’.

Nielsen released a new mobile research report this morning, with at least one big landmark stat within: over the past 3 months, Android has pulled in twice as many new smartphone buyers as the iPhone.

The new-buyers breakdown, over the past 3 months:

56% of those buying a new smartphone bought an Android device

28% bought an iPhone

9% bought BlackBerry

6% bought “Other” (which contains Windows Phone, amongst others)

Of course, these stats really should have a little asterisk tucked somewhere inside. The iPhone is one phone (or two, counting the 3GS), by one manufacturer. Android is, at this point, hundreds of models, across dozens of manufacturers. That’s not said to knock Android in any way — but it’s worth noting that when the pie is split so many ways across so many manufacturers and models within, the iPhone is probably making exponentially more money for Apple than Android phones are for anyone.

Also worth noting, but immeasurable: how many would-be iPhone buyers held off with the knowledge that a new iPhone was not only on the way, but was actually behind its normal release schedule? It’ll be interesting to see these numbers for the next three months.

via Android Saw Twice As Many Buyers As iPhone Over The Past 3 Months | TechCrunch.

September 26, 2011

JustAnswers: Fox/Google Republican Debate condensed to substantial answers only.

I condensed 2 hours of self indulgent questions and flowery rhetoric down to 29 minutes of answers only. It pretty much represents most of our Republicans principles. I exclude those that violated theRepublican 11th amendment.

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September 24, 2011

Contract on California by Larry Sand – City Journal

With California reeling fiscally and education eating up about half of its budget, the state’s taxpayers are being hoodwinked to the tune of billions of dollars by an outrageous contractual perk that pays teachers to take useless classes, ostensibly with the aim of improving their classroom work. The “Teacher Quality Roadmap,” a report from the National Council on Teacher Quality on how to improve teacher performance in the Los Angeles Unified School District, concluded that it is past time to phase out the system of compensating teachers for such courses; a better approach would be to pay higher salaries to teachers who “consistently produce the greatest learning gains.”

Teacher pay in California has a seniority component, called “steps,” and a coursework component. In Los Angeles Unified, if a teacher can manage not to die over the summer and show up in the fall, she’s entitled to a raise. It’s hardly a meritocratic basis for raising pay. The coursework component appears more reasonable at first glance. Common wisdom has it that if teachers take “professional-development” courses in their field, they will become more proficient at their craft. With the rare exception, however, that’s not true.

via Contract on California by Larry Sand – City Journal.

September 23, 2011

Socialist Reality Distortionist, Erica Payne, infuriates Free Marketeer and FOX Business anchor Stewart Varney.

Stewart Varney got so mad at her because she would not stop talking that he screamed “Turn her God Damn mic off.”

A favorit tactic of socialist reality distortionists (SRDs) is to string together a bunch of incomplete facts that support their postion.

The social contract between a Capitalist, his customers, employees and his community is outlined by the Constitution of the United States.

Socialist Reality Distortionist, Erica Payne supports taking more money from the successful so that the socialists in the US Government can buy more votes to ensure their 2012 election will go their way.

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September 21, 2011

Union pensions: Law gives huge pension perks to union leaders – chicagotribune.com

All it took to give nearly two dozen labor leaders from Chicago a windfall worth millions was a few tweaks to a handful of sentences in the state’s lengthy pension code.

The changes became law with no public debate among state legislators and, more importantly, no cost analysis.

Twenty years later, 23 retired union officials from Chicago stand to collect about $56 million from two ailing city pension funds thanks to the changes, a Tribune/WGN-TV investigation found. [more.

September 20, 2011

LightSquared: Second Witness Rejects White House Testimony ‘Guidance’ – The Daily Beast

LightSquared: Second Witness Rejects White House Testimony ‘Guidance’ – The Daily Beast.

September 16, 2011

Safety Net v. Retirement Program – CNN Tea Party Debate in Florida – Social Security

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How the Republican debaters are missing the message

Republican Presidential candidates Rick Perry and Mitt Romney got into a battle over Social Security in the last debate. Neither one has a clue what the American people want. As the pollster John Luntz discovered people want a solution that doesn’t impact current participants in Social Security but creates a retirement program that is owned by the people and not subject to invasion and manipulation by the government.

Mitt Romney supports reforming the present safety net plan. Rick Perry supports state plans like the one run in Galveston. As both are run by governments, both fail the smell test – people don’t trust government with their money. Both candidates have been threatened by Democrats and people in their own party to avoid Social Security because it scares seniors. The Democrats will fiercely attack them on this point in next year’s election. Well thank our lucky stars for Perry because he brought the unsustainable program front and center for all to debate.

Well any kid in the sandbox knows a taxpayer can’t create a nest egg and sustainable monthly income without investing. Millions of people are currently accumulating a nest egg and a monthly retirement income by investing along with their employers in pension funds which in turn invest those funds in the stock market. Unfortunately too many of those funds are poorly managed and many of them are currently underfunded.

As the ever-increasing number of poor and many in the middle-class don’t have the funds to invest in the market how can a retirement plan be created? The answer is apparently too simple for politicians to grasp. By taking the 15.3% paid in Federal payroll taxes and returning the ownership of those funds back to the taxpayer in his personally-owned investment account dedicated to investing indexed-stock funds the people would rejoice in the intelligence and creativity of their representatives in creating a real retirement program for them.

Jobs, jobs, jobs

Immediately the influx of new capital of more than $100 billion a month being fed into our stock market and economy would create over 20 million new jobs in two years. Remember the people want Congress to concentrate right now on jobs rather than debt by a 2 to 1 margin. Privatizing Social Security and investing those funds right now would not only create jobs but replace the need for government to steal from future generations to stimulate the economy. The latter doesn’t work that well anyway.

Of course if we personalize Social Security John Q. Public would be investing in the future of our country. We wouldn’t need to rely on the whims of the “rich” to create jobs. The rich will be scrambling just to keep the ball rolling. They will be working 24/7 just managing the funds of John Q. Everyone will be richer.

How richer you ask? Well let’s take a gardener skimping along with a $30,000 annual income helped by his wife who works as a waitress and makes $20,000 a year. They pay $7,500 in payroll taxes and during a 40-year working life will have invested $300,000 into their investment account. That amount invested weekly for 40 years at the average rate of return of the S&P 500 since 1871 would generate a $4 million nest egg and a $33,000 a month retirement check without invading the corpus (the $4 million).

Now can we afford it? If we afforded Obama for 4 years we can afford anything. We can retire our obligations to our seniors and invest in personal accounts. The cultural shock of such a move would make all Americans move in the same direction – make the stock of the company they work for grow and thrive. Our growth rate in the first few years would approach 10% or an increase of over $1.5 trillion a year in GDP.

For a complete discussion of such a plan visit http://www.riseupamerica.us.

The people no longer want a safety net they want a retirement program.

They want $33,000 a month not $1,300. They want a $4 million nest egg not a goose egg.


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